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Overview of Hartsfield-Jackson's Economic Impact on Metro Atlanta Myrna White Director, Office of Public Affairs Department of Aviation.

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Presentation on theme: "Overview of Hartsfield-Jackson's Economic Impact on Metro Atlanta Myrna White Director, Office of Public Affairs Department of Aviation."— Presentation transcript:

1 Overview of Hartsfield-Jackson's Economic Impact on Metro Atlanta Myrna White Director, Office of Public Affairs Department of Aviation

2 Project Purpose  Quantify the economic impact of the Airport  Describe the economic relationship between the Airport and the state and local economy 2

3 Components of Economic Impact 3  Relevant Economic Sectors Airport Generated Visitor Industry Related Jobs  Terms of Measure Jobs Wages (Personal Income) Business Revenue (Economic Impact)

4 Types of Impacts 4  Direct – Initial spending - initiated at the airport or by visitor purchases  Indirect – Purchases by businesses of supplies and services  Induced – Re-spending of wages for local goods and services

5 2013 Jobs Metro (Atlanta) 5 Jobs Airport Generated Visitor Industry Related Jobs* Total Jobs Direct 63,291173,099 9,146245,536 Indirect 51,312 38,989 8,710 99,011 Induced 43,747 50,969 9,433104,149 Total 158,350263,05727,289448,696 *Related jobs are generated by aviation dependent exports, which are goods produced in the Atlanta MSA and sold and shipped to long distance customers through ATL. These sales, in turn, support jobs, the income paid to workers, and overall business revenues.

6 Comparison - Jobs 6 Jobs20092013 Direct Airport Generated 58,00063,300 Direct Visitor Spending 169,500 173,100 Indirect and Induced 175,500185,000 Sub-Totals 403,000421,400 Off-Airport Related Jobs 31,40027,300 Totals 434,400448,700 6 * Jobs rounded to nearest hundred.

7 Employment Geography 7 MSA County On-Airport Employees Percent of Direct Jobs South Fulton13,92622.00% Coweta9,36514.80% Fayette8,75113.83% Henry6,1779.76% Clayton5,0127.92% Cobb4,2336.69% North Fulton3,7925.99% DeKalb3,5955.68% Gwinnett1,8522.93% Douglas1,4532.30% Cherokee6371.01% Rest of GA4,3436.86% Rest of U.S.1540.24% TOTAL63,290100.00%

8 2013 Wages 8 Labor Income Airport Generated Visitor Industry Related Jobs* Total Earnings Direct $4.17 billion$4.30 billion$592 million$9.06 billion Indirect $2.40 billion$1.85 billion$497 million$4.74 billion Induced $1.98 billion$2.27 billion$370 million$4.62 billion Total $8.55 billion$8.42 billion$1.46 billion$18.42 billion *Related jobs are generated by aviation dependent exports, which are goods produced in the Atlanta MSA and sold and shipped to long distance customers through ATL. These sales, in turn, support jobs, the income paid to workers, and overall business revenues.

9 2013 Business Revenue 9 Airport Generated Visitor Industry Related Jobs* Total Revenue Direct $16.46 billion$14.36 billion$4.00 billion$34.82 billion Indirect (Local Purchase) $7.93 billion$5.59 billion$1.52 billion$15.04 billion Induced (Labor Re-spending) $6.42 billion$6.77 billion$1.22 billion$14.42 billion Total Business Revenue $30.81 billion$26.72 billion$6.74 billion$64.28 billion *Related jobs are generated by aviation dependent exports, which are goods produced in the Atlanta MSA and sold and shipped to long distance customers through ATL. These sales, in turn, support jobs, the income paid to workers, and overall business revenues.

10 2013 Cargo Summary 10 Impact TypeEmployment Labor Income Business Revenue Direct 9,100$592 million$4.00 billion Indirect (Local Purchase) 8,700$497 million$1.52 billion Induced (Labor Re-spending) 9,400$370 million$1.22 billion Total Effect * 27,300$1.46 billion$6.74 billion DOMESTIC & INTERNATIONAL * Totals may not add due to rounding. Jobs rounded to nearest hundred.

11 Summary of Impacts – Revenues 11  Direct Economic Impact $34.8 Billion annually to Metro Atlanta $38.4 Billion annually to Georgia  Total Economic Impact $64.3 Billion annually to Metro Atlanta $70.9 Billion annually to Georgia

12 Summary of Impacts – Jobs 12  Hartsfield-Jackson Direct Employment 63,300 workers  Total Jobs - (Direct, Indirect, and Induced) 448,700 jobs in Metro Atlanta 481,500 jobs in Georgia * Jobs rounded to nearest hundred.

13 Thank you! Myrna White Director, Office of Public Affairs Department of Aviation


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